The Chart
Please click here for a chart of S&P 500 ETF (SPY) which represents stock market benchmark index (SPX).
Note the following:
- The chart shows the big stock market rally in the morning to celebrate the potential Biden victory.
- The rally was in line with the move up earlier in futures.
- Before going further, take another look at the magnet that traders are drawn to shown in the chart here. For details read the Morning Capsule.
- The VUD indicator is the most sensitive measure of net supply demand of stocks in real-time.